Originally published on Fri August 3, 2012 8:04 am
The number of people filing first-time clams for unemployment insurance rose by 8,000 last week, to 365,000 from 357,000 the week before, the Employment and Training Administration says.
It adds that the "4-week moving average," which is supposed to give a slightly broader look at the trend in claims, "was 365,500, a decrease of 2,750 from the previous week's revised average of 368,250."
But according to The Associated Press:
The number of people filing first-time claims for jobless benefits fell by 35,000 last week, to 353,000, the Employment and Training Administration just reported.
That brings the level about back to where it was three weeks ago and down near a four-year low — but also keeps claims in the range where they've been trending for about the last year.